Located in General Domain Discussion, started by Sasan, Dec 4, 2020
I’m saying Flippa needs to run better as a business it self ...
I don't understand how Flippa or any marketplace can be blamed for a seller not completing or canceling a transaction.
Specific to this case, I think the seller is 100% to blame.
Understand with his 10 dollar fee and plus he is protected by the marketplace
But it's not just Flippa, I have bought names at Sedo and GoDaddy. Sedo was a 4L.com no doubt who the seller was and they said we can't make them sell. I said was it a bad listing? They said NO. Seller will not accept that price. I said it was their price. They said we will look into closing their account.
I know and I understand ..it’s just bad business...
Sorry @Sedo @Flippa I don’t mean to point fingers either but it’s something that can be improved to run better
I just curious, who is this?
Get outta here Lup lol
I agree a lot of things can be improved but there is no improvement that can make a seller refusing to sell transfer their name, none. You can ban after but it still gets no transfer and successful transaction.
It will be disclosed if they don't make good, he is giving them a couple days to make good.
Somehow GD can do it with fast-transfer.. also at nameliquidate as you know you can only list there if you give the auth code... that probably wouldn't be possible for higher-value domains though. Therefore, sedo and flippa need to switch to the auth code approach or the fast-transfer approach.
As stated I’m not running the business to make your statement false
Thanks, everyone. Going to give the seller until 12 PM (PST) tomorrow to make good on this transaction. I don't think this is a decision that should require a lot of thought.
If he chooses not to honour it, I'll post his name.
Also, just sent him a link to this thread, so he can see what the community has to say.
I'm sorry to hear that you're in trouble
AND Thank you for your sharing, so that we can pay more attention in the future when trading
In any case ,Support your choice and speak up for you
Buyer needs to honor the deal. Full stop. Regardless of any reason.
I had a similar situation in Afternic, where I missed to update to $399 and instead sold at $99.
IMHO, one needs to be professional and accountable, then you will learn and be a better domainer.
Ive sold a few names over the years that I have accidentally listed incorrectly. It hurts like hell but you honor the deal and sell the name. You need to remember who screwed up here, it certainly wasnt the buyer. Your reputation is everything in this business.
I am sick of seeing people do this. I have no problem with these people being named and shamed.
Give him a chance to see whether or not he decides to proceed with the sale. Things like these happen. Back in October of this year I had sale on Afternic that bad terrible BIN. I dont even know how I priced so low on there because I knew the name had many end users with deep pockets that could affors it and have it as a huge upgrade. I went ahead with the sale. Guess who bought the name? One of those companies I saw could use an upgrade and had a lot of money.
It's very simple - You only have one face and one reputation - don't lose it!
Therefor never back out and always honor the deal!
I agree with the general sentiment in the thread that your reputation is everything and the price should be honoured.
I do wonder though, at what point would you not honour the price? I mean if somehow you accidentally listed a clearly high 6 to low 7 figure name for $995 (maybe you had a few too many eggnogs and the kids were acting up and the dog was try to impregnate your leg so you hit the wrong keys) would you STILL honour the price? There has to be a limit doesn't there or should the same principle apply whatever the cost?
Sure accidents can happen, but in this case it appears that it was just an old listing at the price. I think an accident is something different.
For instance you want to list a price of like 9000, and you type 9000 and the site automatically populates 90.00 or something and you don't notice.
Accidents can and do happen. I realize at some point it is simply not reasonable if there was an obvious mistake.
I want to know who it is. If we are being honest, there are many in this business with questionable ethics. Not being pessimistic. Its just a sad fact.
A domainer should always know what platforms their names are on and what prices and adjust accordingly. He was too lazy to change the price or forgot about it? People are always looking for underpriced names and the known domainer should have known better and now honor the deal.
This is why I routinely check my BINS at Afternic. No one is above making a mistake.
Can't also rule out a hack into my Afternic account. Don't know why they still won't provide 2FA or at least an instant notification when there's a login there
^^^ This ^^^
I'm hoping the seller does honor the sale.
It would be an (another) embarrassment to the entire industry if a (another) big shooter reneges on his obligation.
I hope to see this settled privately between buyer and seller?
I am hoping the seller contacts the OP and gets this settled amicably.
Merry Christmas everyone
Set the timer
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